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Royalty Clerk

Texas oil lease · RRC district 02 · Lease 10245

Producing

RAFTER TWO UNIT B

Rafter Two Unit B is an oil lease in Live Oak County, Texas, operated by Burlington Resources O & G Co LP in the Eagleville (Eagle Ford-2) field. The Railroad Commission shows 29,410 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

29,410bbl oil, last 12 months+999% vs prior year
Operator
Burlington Resources O & G Co LP
County
Live Oak County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-10245

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Where it sits

This county

Live Oak CountyLive OakAtascosaGoliadMcMullenKarnesSan PatricioBeeLive Oak County
Live Oak County · RRC district 02Open Live Oak County →
Gas, last 12 months
51,793 mcf
Oil in Jul 2026
13,843 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 1,811% over the last 12 months

29,410 bbl in the 12 months through Jul 2026, against 1,539 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 1,811% over the last 12 monthsMonthly oil production and gas for RAFTER TWO UNIT B, Aug 2023 to Jul 2026. Oil output rose 1,811% over the last 12 months. 29,410 bbl in the 12 months through Jul 2026, against 1,539 bbl in the 12 months before.Last 12 months: 29,410 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 1,811% over the last 12 monthsMonthly oil production and gas for RAFTER TWO UNIT B, Aug 2023 to Jul 2026. Oil output rose 1,811% over the last 12 months. 29,410 bbl in the 12 months through Jul 2026, against 1,539 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 10245, district 02. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Lease fuel (1)
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of RAFTER TWO UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of RAFTER TWO UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Jun 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 10245, district 02. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Burlington Resources O & G Co LP has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBurlington Resources O & G Co LP, Jan 2020 to Jul 20262020202120222023202420252026Burlington Resources O & G Co…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeBurlington Resources O & G Co LP, Jan 2020 to Jul 20262020202120222023202420252026Burlington Resources O & G Co LPJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 10245 in district 02. The API number is the state’s ID for a well.
Wells on RAFTER TWO UNIT B
API numberWell no.Status
42-297-351481Active

SourceTexas Railroad Commission Wellbore Query, district 02, lease 10245.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Conocophillips Company and Phillips 66 Company gather it.

    Conocophillips Company gathers it: 50% of it, on the list since Jun 3, 2026 · Phillips 66 Company gathers it: 50% of it, on the list since Jun 3, 2026

  • Gas from oil wells

    Conocophillips Company buys it; Burlington Resources O & G CO LP gathers it.

    Conocophillips Company buys it: 100% of it, on the list since Jul 24, 2012 · Burlington Resources O & G CO LP gathers it: 100% of it, on the list since Jul 24, 2012

Companies that used to be listed: Conocophillips Company (gathers it, until Jun 3, 2026); Bp Products North America Inc. (gathers it, until Jan 1, 2025); Conocophillips Company (gathers it, until Jan 1, 2025); Flint Hills Resources, LP (gathers it, until Jan 1, 2025); Ngl Crude Logistics, LLC (gathers it, until Jan 1, 2025).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

299.09 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jul 24, 2012
Latest permit
May 16, 2012
Wells and acres on the permits for Rafter Two Unit B
API numberWell no.Acreson the permit
42-297-351481299.09

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What ConocoPhillips told investors it received

Burlington Resources O & G Co LP is linked to ConocoPhillips (COP). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says RAFTER TWO UNIT B sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for RAFTER TWO UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Burlington Resources13,84314,29224,21223,7440$80.46$2.89
Jun 2026Burlington Resources14,80214,19722,86022,7310$84.81$3.15
May 2026Burlington Resources00000$102.13$2.94
Apr 2026Burlington Resources00000$100.32$2.77
Mar 2026Burlington Resources00000$91.38$3.04
Feb 2026Burlington Resources0010800$64.51$3.62
Jan 2026Burlington Resources12517669200$60.04$7.72
Dec 2025Burlington Resources1340665590$57.97$4.26
Nov 2025Burlington Resources831697621120$60.06$3.79
Oct 2025Burlington Resources721789332450$60.89$3.19
Sep 2025Burlington Resources1751731,0134320$63.96$2.97
Aug 2025Burlington Resources176159548430$64.86$2.91
Jul 2025Burlington Resources32049700$68.39$3.20
Jun 2025Burlington Resources7418954600$68.17$3.02
May 2025Burlington Resources6401,0184460$62.17$3.12
Apr 2025Burlington Resources11516865900$63.54$3.42
Mar 2025Burlington Resources2461858441340$68.24$4.12
Feb 2025Burlington Resources2671629402850$71.53$4.19
Jan 2025Burlington Resources2931428581720$75.74$4.13
Dec 2024Burlington Resources01839592860$70.12$3.01
Nov 2024Burlington Resources3101,0163330$69.95$2.12
Oct 2024Burlington Resources1181738882920$71.99$2.20
Sep 2024Burlington Resources1481829373580$70.24$2.28
Aug 2024Burlington Resources1511639061410$76.68$1.99
Jul 2024Burlington Resources1541688603250$81.80$2.07
Jun 2024Burlington Resources1501798253500$79.77$2.54
May 2024Burlington Resources1511797862980$80.02$2.12
Apr 2024Burlington Resources1661848353540$85.35$1.60
Mar 2024Burlington Resources9501,0996950$81.28$1.49
Feb 2024Burlington Resources2105422220$77.25$1.72
Jan 2024Burlington Resources1041848335890$74.15$3.18
Dec 2023Burlington Resources1371818145050$71.90$2.52
Nov 2023Burlington Resources15707704580$77.69$2.71
Oct 2023Burlington Resources1851657985370$85.64$2.98
Sep 2023Burlington Resources1571657665550$89.43$2.64
Aug 2023Burlington Resources1701729507600$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for RAFTER TWO UNIT B. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Burlington Resources O & G Co LP.

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorBurlington Resources O & G Co LPFieldEagleville (Eagle Ford-2)CountyLive Oak County

Burlington Resources O & G Co LP in Live Oak County

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Eagleville (Eagle Ford-2) field

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Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 10245, district 02, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about RAFTER TWO UNIT B

Who operates the RAFTER TWO UNIT B lease?

The Railroad Commission lists Burlington Resources O & G Co LP (operator number 109333) as the operator of this lease in Live Oak County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the RAFTER TWO UNIT B lease produced?

The lease reported 29,410 bbl of oil and 51,793 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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